OFF_MARKETRisky Deal8 days on market

2 Tradition Pl

2 Tradition Pl, Irvine, CA 92602, Irvine, CA 92602
$1,598,000
Zestimate®:$1,576,500

Listing Price

Property image 1
2 Tradition Pl, Irvine, CA 92602
Loc: Irvine, CA
Days Listed
8
Tax Assessed
$460k
Zestimate®
$1577k
Market Rate
Lot Size
5,953 sqft
Rent Estimate
$5,253/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Myford Elementary School

K-5
0.3 mi away
9

Pioneer Middle School

6-8
0.7 mi away
10

Arnold O. Beckman High School

9-12
1.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.13%
Total ROI
5.3%
Cash Flow
$-3,912/mo
DSCR
0.52
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-06Listed for sale$1,598,000$797
1999-08-31Sold$299,000$149

Tax History

YearProperty TaxTax Assessment
2025$6,316$459,548
2024$6,074$450,538
2023$6,011.48$441,704
2022$5,890.94$433,044
2021$5,743.26$424,553
2020$5,834.72$420,200
2019$5,834.72$411,961
2018$5,705.3$403,884
2017$5,412.12$395,965
2016$5,412.12$388,201
2015$5,320.32$382,370
2014$5,251.76$374,880
2013$0$373,186
2012$0$365,869
2011$0$358,696
2010$0$356,016
2009$0$356,862
2008$0$349,865
2007$0$343,005
2006$0$336,280
2005$0$329,687
2004$0$323,223
2003$0$317,300
2002$0$311,079
2001$4,641.56$304,980
2000$4,614.16$299,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,004
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,598,000Rent Basis: Observed Comp Model ($5,253/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $799/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.22%

NOI: $35,503/yr

Cash-on-Cash Yield
-17.4%

On $367,540 invested

DSCR Ratio
0.36x

Negative debt coverage

5-Yr Leveraged ROI
+7.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$287/mo
Homeowner / Hazard Insurance-$799/mo
Vacancy Reserve (5% of rent)-$263/mo
Repairs & Maintenance (10% of rent)-$525/mo
Property Management (8% of rent)-$420/mo
Total Pure Operating Expenses-$2,294/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,253/mo
Less: Operating Expenses-$2,294/mo
Net Operating Income (NOI)+$2,959/mo
Less: Debt Service (30yr @ 6.75%)-$8,292/mo
Net Cash Flow
$-5,333/mo
$-63,997/year
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